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Why would businesses want to move away from the 4th largest economy in the world to less successful states?

40% lower labor costs, 60% political posturing.

I’m sure all their infrastructure and probably the majority of their employees will be in the NYC metro area.

Theres a lot of reasons people will list (cultural, cost of living, quality of life) but the real answer is

1. Texas is a corrupt state and you can bribe your way in to power

2. No income tax